New Delhi: Kerala-based HR Tech startup Hyreo has raised an undisclosed amount in pre-series A funding from a group of investors led by Callapina Capital. Other investors who joined the funding round are Anas Rahman Junaid, Konglo Ventures, Raveendranath Kamath, Nat Natraj among others. Hyreo said it looks to expand its service offerings around sourcing automation, effective talent communities, and talent marketing tools. HR Tech is gradually gaining momentum in India with companies outsourcing the entire talent management and payroll management value chain. Besides, the shifting focus to bring informal worker to formal workspace is also aiding the growth of HR Tech firms.

Source: Mint July 24, 2021 06:33 UTC